The company has signed three-way deal with United Al Saqer Heavy Equipment to expand distribution capacity and strengthen logistics network in the UAE and GCC
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Crude rebounds after election-driven sell-off as Iran reports three more vessels damaged; attacks on Gulf shipping continue at near-record pace
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Technology shares lead worldwide sell-off as investors fear tighter regulation and a slowdown in data centre construction; Asian chipmakers suffer heavy losses
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A record-breaking ADIPEC 2026 ended on a solid note with more than 50,000 deals worth an estimated $67 billion being sealed over four days, up 26.4% over 2025. The mega energy event welcomed 240,000 attendees from 170 countries, thus reinforcing its position as a global meeting point for the energy sector.
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GCC capital markets have witnessed significant development in recent years, driven by governments’ efforts to diversify funding sources and deepen capital markets, said top rating agency Fitch, adding the combined market capitalisation of listed equity markets across the Gulf region stands at around $4 trillion.
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Bahrain's Gateway Gulf 2026 unveiled $22.3 billion in strategic announcements, partnerships, and deals during its fourth edition this week.
Renewable and clean electricity generation sources now account for almost 46 per cent of Abu Dhabi's total power generation, up from under 5 per cent in 2020, according to an EWEC (Emirates Water and Electricity Company) report.
Democratic control of Congress could constrain military options, while Gulf diplomacy and Chinese mediation offer a possible route to a settlement. But conflicting signals from Washington and Tehran, and the risk of either side seeking a face-saving military victory, keep the region on edge.
Saudi sovereign wealth fund PIF has announced that it has raised $3 billion-equivalent in dual-tranche credit facilities guaranteed by SACE, Italy’s export credit agency. The transaction will further expand trade and create new cooperation opportunities within PIF’s ecosystem to procure goods and services from Italian suppliers.
Big 5 Global returns to Dubai this month, bringing together over 1,800 exhibitors from 60 countries as the construction industry across the Mideast, Africa and South Asia looks to boost procurement efficiency, supply chains and adopt technologies that support project delivery, said the organisers.
Agthia Group, one of the region’s leading food and beverage companies, has delivered solid results for the first nine months of the year, recording a three-fold growth in its net profit over last year, while its revenue surged by 9.6% to hit AED3.9 billion ($1.1 billion) despite key regional challenges.
Mace Construct, an independent UK-based construction and contracting business, will be rebranded as Forco from January 1, following its demerger from Mace Consult in March. The business will introduce a new brand identity, website and employee value proposition as part of the transition.
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is now home to over 600 wealth and asset management companies - triple the number of other centres in the market, it was revealed on Wednesday.
Democrats seized control of both the US Senate and House on Tuesday, scoring sweeping victories in Republican strongholds for the first time in generations as tens of millions of voters, mostly in conservative bastions who had propelled President Donald Trump to his second term in office just two years ago swung dramatically toward his rivals,
RAK Ceramics, one of the world’s leading lifestyle ceramics brands, reported strong financial results for the third...
Dana Gas, the Middle East’s largest regional private sector natural gas company, has reported a net profit of AED55...
flyadeal, Saudia Group’s fast-growing low-cost carrier and one of the largest low-cost airlines in the GCC, has lau...
RAK Ceramics, one of the world’s leading lifestyle ceramics brands, reported strong financial results for the third...
Fourteen of the more than 1,000 companies VAST Data, the AI Operating System company, serves have made more than $1...
Apollo Global Management's strategic investment in Mubadala Capital marks another milestone in the UAE's emergence ...
UAE-based Condor Developers has announced that it has completed the work on its sixth residential project in Dubai ...
DP World’s Shipping Solutions AMEA business, is expanding its partnership with VisionSpring Foundation to provide f...
Gerard Daniels, the international executive search and board consulting firm, has opened its first UAE office in Ab...
ENOC Group has inaugurated its first ZOOM convenience store featuring Amazon’s Just Walk Out technology, introducin...
Technology shares lead worldwide sell-off as investors fear tighter regulation and a slowdown in data centre constr...
Messe Frankfurt Saudi Arabia has announced that Automechanika Riyadh, the country’s leading trade exhibition for th...
Senior policymakers, diplomats, business leaders and experts from India and the GCC will discuss steps to further e...
Democratic control of Congress could constrain military options, while Gulf diplomacy and Chinese mediation offer a...
